How would you make a decision to select a building site for a new waste-treatmen

Question

How would you make a decision to select a building site for a new waste-treatment plant in the Philippines? Where would you start with this complex decision, and what steps would you take? Explain which decision model in the chapter best describes your approach.  

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470 Part 5: Managing Dynamic Processes EXHIBIT 12.1 Decision Making in Today's Environment Today's Business Environment Greater Complexity Rapid Change Uncertainty New Decision-Making Requirements Must be made faster No one individual has all information needed Require more cooperation Rely less on hard data There is less certainty about outcomes Evolve through trial and error Source: Based on John R Kotter, Leading Change (Boston, MA: Harvard Business School Press, 1996), 56

Explanation / Answer

I would like to go with rational approach to Decision making. This approach seems to be a systematic way of approach from problem identification until we arrive at the alternates and solution. Below are the points which justifies my approach.

This approach depicts the systematic way and analysis of each decision’s pron’s and con’s

When you are making critical decision in business, it is always important to breakdown the problems in to pieces and come out of the possibilities for better decision making which I see in this approach.

This approach always have an alternate solution for each problem

Diagnosing each of the problem is always good to arrive at the right decision

Any decision which are made needs to be analysed and evaluation. When we start doing the evaluation you will come across actualalities and avoid the problem making decisions

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